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ADA : CYCLE VIEWToday, ADA appears to be re-entering a new trend, but the question remains as to what this means for the long term. For day traders, it is essential to monitor the day trading since there are no guarantees for any trend. There is a good chance that ADA could enter into a new cycle, but we have yet to see a sustained increase trend for the coin in the long term. The critical question is whether ADA is going to experience genuine growth that will bring sustained increases over the long term. ADA is a coin that has the potential to reach and exceed the $1 mark. Only time will tell if ADA can continue to build on its past successes and reach new heights coming time. Today it shows interesting, and we will see if it's able to rebuild the trend.
Long
by Goldenbreakout
1
ADAUSDT Daily: 18/02/2023: Bull or Bear?! Let's take a look at ADA. As you can see, the price touched an important supply zone and had a bearish reaction, so our first scenario is bearish, and the price will fall from here. Below monthly resistance I am bearish. It's possible that the price breaks the supply zone to collect the liquidity above an equal high and then fall. If the price can break the monthly resistance and stay above that, we can follow the second scenario. 💡Wait for the update! 🗓️18/02/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
5
Cardano ADA. No desire to buy, but there is a chance for growthFor more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound. The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021. In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here: So, we can assume that the Cardano token price may grow at least a little in its value. The first resistance from above and the first target for growth is $0.40-0.42 The second target for growth is around $0.80 . It can be reached by the end of spring 2023. But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure" If the sellers manage to fix the ADAUSD price below $0.23 , then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
45
ADA ; update ; looks like a full blown turdADA ; update ; looks like a full blown turd that double bottom i was looking for fell to pieces. s and p etc looks to be wanting to at least double bottom, sweep the lows as well. they are gonna darth maul this shit while everyone is getting christmas drunk and eating too much. hard to think when your in a carb coma. knife catching the potential capitulation wick would be sick; make sure you do it on low enough leverage that you don't get blown out when it tripple wicks on the lower time frames. 15-18c ish looks like the sweet spot if history repeats. so far its looking pretty friggin similar. i think you will have time to buy that dip, no need to go full degen and watch this shitshow of an asset class every second. gl to you gentleman and ladies. have a good christmas/new years with your families/friends.
BINANCE:ADAUSD
by Crypto-Quantum-Fox
2
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USD 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Cardano (ADA) Cardano is about to close 2022 as one of its worst years. With a new low in 2022 at $0.24, there seems to be no stop to the current downtrend. After losing 5.7% of its valuation in the past seven days, ADA is still in search of support. At this time, the most likely support level to stop the downtrend is found at $0.20. This key level may provide ADA with some relief because it could entice buyers to finally return after being absent for most of 2022. Looking ahead, the outlook for this cryptocurrency remains bearish after losing more than 92% of its valuation since its all-time high at above $3. Hopefully, in 2023, ADA will be able to find support and start a sustained reversal to recover some of these most recent losses. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563